1932-06-18 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

authorised Capital

.850.000.000

Land and Fully Paid-up comin 30,000,000 Deserte Fund

Staling REVA

£8.500.000 $10,000,000

Gorve Liability of Proprialoes .............. $50,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS;—

Han. Mr. J. J. Paiseson. Chairma

T. B. Praze, Eng. Deputy Chairma),

lan. Mr. W. 13. Dal JA. Compton, Yegu *.. Jobáson, Esq. 15. Minkẩn, Bag,

AMOY

BANGKOK

"BATAVIA

DMBAY

CALCUTTA

CANTON

CHEFOO

COLOMBO

DAJBEN

FOOCHOW

HAIPHONG #AMBUNG HANKOW

GARBIN

KONGLEW

ᏐᎯᏁᎯ

(POH

JORONE

KORE

KOWLOON

Plummer, Esq. T. I. B. Sav, Ing. J. 7. Warren, Eng

V. M. Greyburn, Esq.

Chief Mong

BRANCHES-

KUALA LUMPUT

LONDON LYONS

MALACCA

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

THE CHINA MAIL:

THE HO NONG BANK, LTD.

. (Established 1017.)

HEAD OFFICE: SINGAPORE. Hong Kong Branch: 15, Queen's Rd. 'C. Authorised Capital Straits $20,000,000 Issued Capital

8,000,000

Paid-up Capital .... Reserve Liabilities of

Shareholders

19

4,000,000

4,000,000 2,687,000

Surplus

Branches, Agencies and Correspon- dents in the principal cities of tho £8,000,000 world .£9,000,000

Every description of Banking and Exchange business transacted. 43,000,000

TAN ENG H001,

Manager.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

prietors

ALOS STAR

AMRITSAR

Agencies and Branches:

BANGKOK BATAVIA DONDAY CALCUTTA CANTON CAWNPORE OZBU COLOMBO

DELHI

HAIPHONG

HAMBURG

HANKOW

FIARDIN

KUCHING

MADRAS

MANILA

MEDAN

NEW YORK

PENANG

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street,

NEW YORK. ·

Capital, Burplus and

Undivided Profits U.B.$225,598,775.00

Branches in

PEIPINO (Paking)

BAKGOON

BAIGON

REMARANG

BEREUBAN

SITANGHAL

BINGAPORE

SITIAWAN

GOURABAYA.

ARGENTINE

LONDON

ILOILO

TAIPINO

TIENTSIN

BELGIUM

MEXICO

KABACHI

TONGRAIL (Shake!?

BRAZIL

PANAMA

TRINGTAO

CHILE

PERU

KOBE

YOKOHAMA

KUALA KANGSAR

ZAMIDANDA

CHINA

SAN FRANCISCO

COLUMBIA CUBA

SHANGHAI

UAB (Joboru)

MANILA

MUIDEN

PEIPINO

NEW YORK

PENANG

RANGOON

BALDOR

SINGAPORE

FOURA BYA

SUNDET PATANI

TIENTSIN

TOKYO

TSINGTAO TOKOHANA

Current Arrgusita opened in Local Currency and Fixed Deposits received ter que your pr shorter periods in Locs! Company and Sterling on terms which, will be quoted on application. Big Kang, 6th April, 1980.

HONG KONG SAVINGS BANK.

+

The Bolsos of the shore Bank is conducted

HONG KONG AND SHANGHAI BANK

KNG CORPORATION. Rưfee may -ba obialus é va applicaálon.

FOR TAX HONGKONG AND. HAHA! WANKING CORPORATION.

V. M. GRATOURN,

Chad Manager

Hong Kong, 27th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Offee:--Hong Kong,

Authorivad Capital (II.X. Currency) ...@L1,000,000 Paid-Up Capital man

5,685,000 1,100,000

Beserve Fund

BRANCHES

op

Cantoo, bhanghai, Hankow,

·Bialow,

Bangkok, New York and San Francisco.

LONDON BANKEES :--

The Lloyd's Bank, Limited,

CORRESPONDENTS

in all principal cities of the World.

·Pareign Exchange and banking hominem al weary destrīpilos Transacted.

Bafe Deposit Boxes (curious alzev) ni e Jokiły eestal of from 65 16.10.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀、國

Reorganised October 25, 1928, under special charter of The National Gov- ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital.......$25,000,000.03 Paid-Up Capital Reserve Funds

.$24,710,200.00

$ 3,820,503.92

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central

Our

Owing to our numerous branches in China and large connections in the im- portant commercial centres of the world, we are able to extend to clients special facilities for domestic and foreign banking and exchange.

We also handle the issue of Bonds and ather Public Funds of the Chin-

HONG LONG

KLAND

KUALA LUMPUR

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix-INDIA ed Deposits received for one year, or ITALY shorter periods at rates which will be JAPAN quoted on application.

J. STUART.

Manager. Hong Kong, 11th April, 1932.

.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait.

SAVINGS ACCOUNTS

We offer good rates of interest.

TOTAL RESOURCES

$19,000,000

EFFICIENT-TRUSTWORTHY→→

RELIABLE COURTEOUS.

144-150, Des Voeux Rd. C

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

BANKERS.

Established 1914.

Hong Kong Offen:-11, Quien's Bood Central.

Authorised Capital ....................... Guildara 150,000,000- Paid-Up Capital Gulider 80,000,000 Basers Fund................................ Gullders 45,818,005-

Head Office --AMSTERDAM","

Eastern Head Doca:—BATAVIA.

Djok

Branches 1-Bandjarmasin, Bandoang", Bombay,

Calcutta, Charbon, Dumber, Jakarta, The Hagur", "dillah, Kids, Makassar. Medan, Pacabana, Paka longan, Perang, Rangoon, Rotterdam", Samarsög", Blasghai, Biogspas, Boers bala, Soerakarta (Solo), Tegal, Tjilačjeg and Weltevredan”.

• These offices hara Safa Deposit Bazén to Lat

LONDON BANKERS 1----

PHILIPPINE

ISLANDS

PORTO RICO .STRAITS

SATURDAY, JUNE 18, 1932.

and CHURCHES

Commerce and Finance.

SHARE MARKET.

Weekly Reports by Brokers.

G. A. HARRIMAN.

A CHARGE

OF "ONE DOLLAR

18 MADE FOR ALL NOTICES UNDER THIS HEADING

WESLEYAN' METHODET CHURCH, WANCHAL

Opposite Royal Naval Hospital,

Queen's Road E.

Sunday, June 19, 1932 Morning Service: 10.15 am. Evening Service, 8.15 p.m. Preacher for both services: Rev.

Shipping: Shares under this heading have shown no change.

Mining:-Goldfields have sellers at $1.60, but there are no buyers. Raubs have small buyera at $82;) sellers holding out for $33, there are possible sellers of Bangust Consolidated current rates. }

Hotels, Lands. & Buildings:- Hong Kong and Shanghai Hotels have seen a drop this week, but Erria C. H. Tribbeck. Hong Kong, June 17."

to-day there was a sharp improve- At the close of the evening's ser-: Mr. G. A. Harriman's weekly ment, the market opened with vice the Sacrament of Holy Com share report and market review buyers at $11.10 but when this munion will be celebrated.

went to the press they were in de- At the Sallors' & Soldiers' Home. lasued at noon, states:—

mand at $11.65, sellers asiding Monday (20th)-Badminton Club The market improved somewhat

Hotel Rights were done Meet. -- $11.80. during the week under review and at $1.10 but buyers are only offer fairly brisk trading took place in ing $.80. Lands are wanted at ship Meeting.. stocks like Cements, Hotels, Realties $77, but few shares have changed 9 pm-Local Preacher's Study and Ewos. Cements in particular hands at these prices. Realties Class. recovered to $18.50 cash and $18.75 have buyers at $11.36.

Thursday (23rd)-Badminton

Tuesday (21st), 8 p.-Fellow-

UNION CHURCH.

KENNEDY ROAD, HONG KONG.

July. Hotels rose from $11.15 to Cotton Mills:-Ewon have been¦ Club Meet, $11.65 cash, with business done at quiet this week buyers wanting! SETTLEMENTS 12. July. Realties were done at shares at Ti18.90. This market URUGUAY VENEZUELA S

$11.60/90 cash and $12.20 July, has been quiet through lack of and Ewos at Tls. 13.85/.90 cash. news of the Shanghai market. Commercial and Travellers Letters In the Investment section Trams Docks, Wharves & Godowns:- of Credits, Travallers' Cheques, Bills were done at $22.80 for June a/c, China Providents have been in the of Exchange and Cable Transfers with further buyers at. $22.50 for hackground this week business was bought and sold. Current accounts

Lands were done at $77, done at $5.05 and there are possible and Savings Bank accounts opened and cash.

at $78% Fixed Deposits in local and foreign Electrics

cash and buyers at this rata. Wharves have! currencies taken at rates that may be $74/74% July. Telephones being slowly slipped down to $1411⁄2 sel- ascertained on application to the Bank done at $23.60 cash. The Sterling lars.

We are also able to offer our Cus-section was again quiet with a Public tomers the services of the Branches

Utilities Hong Kong

R. M. MCLAY,

Hong Kong, May 18, 1882

Manager.

Morning Service, 11 a.m.

Sunday, June 19, 1932.

Evening Service, 6 pm. Preacher: The Rev. E. G. Powell. A Social Hour will be held in the Church Hall after the Evening Service..

Sunday School 10 am.

FIRST CHURCH OF CHRIST; SCIENTIST.

of the International Banking Corpora-small business done in Banks at Tramways are wanted at $22.60 tion in Spain and also of The National $1,490 after which they eased off to there are only small enquiries at City Bank of New York (France), $1,475 at which price there were this figures Star Ferries have S.A., in Paris and Nies.

buyers. Unions were done at remained quiet. Yaumati ferries) $487%

A livelier tone prevails are still nominal at $34 (old) and than in the preceding week with $33.30 (new). China Lights (old) (Branch of The Mother Church, rates showing a firmer tendency. are quiet with shares changing The First Church of Christ, Scien Banks-Hong Kong & Shanghai hands at $204. New shares and tist, in Boeten, Mass., USA.] THE BANK OF TAIWAN, LTD. Banks eased off slightly with sell-nominal at $20.00. Hong Kong

ors at $1,485, buyers offering Electrica are in demand at $78 with Macdonnell Road, Below Bowen $1,475. Bank of East Asian reced-sellers. at $78% shares changed

Road Tram Station. ed a little and could be obtained hands, at a 734. Telephones are at $114.

Sunday Service, June 19, 1982, selling at $23.60.

11.15 a.m.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa, Incorporated by Special Imperial Charter, 1899.

Book-Nolan Raved Agrar mois, 6,000.00

LONDON BANEELS:

BUSINESS DIRECTORY

ATTRACTIVE TAILORING

We beg to announce to

GU QUP, many clients that we have removed `to 18, D'Aguilar Street. We have also just re- paired a new sesort- ment of

SUMMER SUITINGS.

WING HING CO. 18, D'Àguilar Street. Tel. 21417.

LADIES TAILOR.

Evening Gorana

A Specialty.

A trial will be appreciated.

HOW KEE.

No. 8, Peking Bldg, Hankow Road

DENTISTS,

HARRY FONG, Dentist, 1st floor, No. 76, Queen's Road

Central. Tel. 21255.

LAU PAK WAI, Dentist,

HONG KONG OFFICE:- GLOUCESTER BLDG., 1st Floor. Telephone 20488. KOWLOON OFFICE:-

335, NATHAN BOAÐ, 2nd Floor, Telephone 58581.

TANG YUK, Dentist.

Successors to a

the late BIEN TING, 14. D'Aguilar Street.

TERMS · VERY MODERATE

Consultation ·Fres.

Subject:-"Is the Universe, In- ENGINEER & SHIPBUILDERS. cluding Man, Evolved by Atomic Force?"

Insurances-Canton Fires con- Industrials:-Canton Ices declin- tinued in demand at $1,200. ed to $6.80 sellers. Cements have Ossimal Bank in Formosa,

Unions were transacted at $4972. slackened all the week and this BRANCHES AND AGENCIES:

closing in demand at 430. China morning were buying at $17.70. The Sunday School is held on JAPAN:-Tokyo, Yokohama, Kobe, Unica. FORMOSA-tran

Kodus Underwriters declined to a buying This soon saw a change and they Sunday morning at 10 o'clock. Kg, Karenko, Wakoog, Neto, Shizahiku, Talchu, Taisen,

rate of $3.25, with sales reported were in demand at $18.40 when Takeo, Tamui, Toos, Helio, Taito.

Hankow, Away. Fohow at this rate. CHINA --Shanghai,

Wednesday Evening Meeting at this went to the press. Sellers are Swator, Capton.

6 o'clock. OTHERS -Hong Kong, Bingapore Soerabaya,

Shipping Douglases were of been overlooked this week as they hoping to get $18.50. Ropes have Semarang, Batavia, Bombay, London, New

·Reading, Room at above address, Tork, Dairen.

tainable at $27. Hong Kong Steamboats were on offer at $20.

have remained nominally $13.90 pon Docks, Wharves and Godowns.~~~

Miscellaneous:--Dairies have Hong Kong & Kowloon Wharves continued naglected.

steady there are Providents

buy- were in demand at $5.05 for the ers

$28 and at

sellors at $28.20, a old shares and $2.25 for the new. done at this rate. Amusements are Reading Room.

few shares Hotels and Real Estate.Hong Kong & Shanghai Hotels (c.r.) for these shares. Constructions, $21 sellers there are no inquiries after having been done as low as THE MERCANTILE BANK OF $11.15 rallied to a buying rate of new and old, are nominal at $1.55

$11.65. Hong Kong Lands chang- Crawfords

and * $5:00 respectively. Lane are wanted at $5.85

Damlays Bank, Ltd.. Lloyds Bank, Lts. Midland Bank, Lt. Westminster Bank, Ild. The Bank has Corespondents in all the principal Commercial Cantren throughout the world. E. NAUURA,

HONG KONG BRANCH:

5. Des Voeux Road Central. Hour Seng. Desember 31, 1981.

INDIA, LTD.

HEAD OFFICE:

Manage

if, Orsescharoh Birsat, Londen, E.0.0,

..£3,000,000

Authorised Capital

sellers.

been

with

$52.

Tuesday and Friday, 10 a.m. to 12 Noon:

Monday and Thursday, 5.30 to 7 p.mi.

The Public is cordially invited were to attend the service and visit the

ed hands at $7611⁄2. Hong Kong Nanyang Tobaccos are buying at Realties remained steady business done at $11.807.90.

Cotton MillsEwos were the 1,800,000 Subscribed Capital Paid-up Capital

1,050,000 Reserve Fund & Rest, 1,217,927

BANKERS

The Bank of England à Midland Bank, Ltd.

BRANCHES

Fenzag

Pori Zoula

(Ma

Hangoon Bhanghal Simis

Bangkok Beter's

Ipoh

Kandy

Bombay

Karachi

Calcutta

Kota Bharu

Colombo

Kuala Lipia

Dat

Kuala Lumpur,

Dalle

Inanian (Pühing) - Singapore

How Long

Kadrad

Bourabaya

Дор

New York

HONG KONG BRANCH.

Hunger.

De sched

NATIONAL PROVINCIAL BANK LID.

Correspondents all over the world. Banking Borb

of every descripilon transsted.

A. STOKKINK. Hong Kong, la December, 1981.

THE

ess Government both at home and AMERICAN EXPRESS COMPANY,

abroad.

Hong Kong, 6th March, 1981.

INC.

SHOU J. CHEN,

Manager,

Head Office:-65, Broadway..

New York.

Capital

THE YOKOHAMA SPECIE BANK,

LIMITED..

Burplus Reserves

Established 1850.

Capital (fully paid-up) Yen 100,000,000. Reserve Fund

Yen 117,800,000 - Asbes

U.S.$6,000,000.00 .::U.S.$1,882,382.04 U.S.$1,458,116.78

BRANCHES:

Amsterda

Biale

Chinon Ginagaw HAT Hamburg

Head Ofice—YOKOHAMA.

Branches and Ageneles at:

Berlin

Barrie

Peking

Bombay

Brussels

Betterdam Bom's

Alexandria

Nagasaki

Batavia

Nagoya

Berlin

Bambay

New York

| Osaka Paris Feiping Rangoon

Calcutta Canton

Changchun

Dairen (Dalny)

Newchwang

Fenstien" (Mukden) Biod de Janeiro

Bamburg

Hankow

Hote

Honolulu

Exi-Yuen

Ban Francisco

Seattle

Shimonowli -Bingapore Boerabaya Bydney

Tiental

Tokyo Tsingtau

Karachi

London

Los Angeles

'MAUITA'

*count

• Interest allowed on Current

Deposits received

rátka to:

Fobtained;

HATIC

Jerusalam

Loode Bannos Aires", "Xiverpont.

-Lucent Calcutta "Legate Clation

JADEDR Dolmabe Marseilles "Constantinopla “Monta, Carlo

• Munich

Milan Prop

· Branches of American Express Com- |pany in Principal veities of United

States of America and Canada.

All classes of Commercial Banking

| Transnotions" undertaken.

Personal Investment Handled.

To-day's rate of exchange:-On medium of a fair turnover at London is 'T. T. 1/8.1/8; and on

Shanghai 764. T18.80/14.10 closing slightly easi er with sellers at the former June, and 26th July, 1932.

Forward Settlement Days:-28th figure.

were

Public Utilities. Trams steady with sales reported at $222 Star Ferries were Arm with buyers prevailing at $90. China - Lights (old) were put

| through at $20.80 and more shares could be placed at this rate, Hong

LONDON SILVER PRICES,

June 17.

CHINESE

|GOVERNMENT BONDS.

Show of Strength.

Shanghai, June 11.

The Government bond market opened yesterday morning with prices of the first three issues slightly off. Buyers appeared aud- denly and prices started to move) Closing silver prices in London up as much as 80 of a point for 20th year Customs, July deals also came in for some considerable notice and were dealt in seven is- aues, I

Every desciplica of Ending and Hobangs kosi Kong Electrics were dealt in at to-day were:

· Pravillam Choques.

€73. Telephones (P.P.) changed

Trustee and Executorships, under-[hands at $28.60/.75 and there were taken.

June 17. June 18. 16-18/16 16-15/18 16% 17 The London on New York cross

Spot

Forward

further: buyers at the former rate. Miscellaneous Cements "werð rather weak at $18.15 at the open-rate was quoted $1-$8.834. Manageing, but firmed up a great deal'at

INTEREST Allowed, un, Currsat Angoɑnie (sod Fixed Depolie at Bales that may be moutained on application.

J. B. ROSS,

7. Queen's Bond Central,

Hong Kong, 7th April, 1982.

the close with buyers predominat-

CANTON EXCHANGE.

-Canton-Central Bank noter - were

W. 8. BAILEY & CO., LTD.,

Kowloon Bay.

New Work & Repairs. Call Flag "L" Sale Agents for Kelvin Motors.

·HAIR - DRESSERS.

LEE TEE

Ladies' and Gentlemen's Hair Dressers & Becknellers. No. 12. D'Agullar. 'Straet. (opposite Queen's Theatre).

OPTICIANS.

THE HONG KONG OPTICAL COMPANY

'Phone 21212. 55, Queen's Road Central,

SHOES!

MADE

TO ORDER.

LADIES" " & GENTLEMEN'S SHOES Expert Workmanship. Fit # Bizie Guaranteed. SHERRY & CO.

No. 8, Teking Eldg, Hankow Ri

This show of strength continu- ed during the first half of the second period when two of the |ing at $181⁄2;t Hong Kong Ropes

upper issues wiped out their sarii- er Josses. Toward the end of the were a shade easier and could be obtained at $18.80. Lane, Craw-quoted at the Chinese Exchange came easier. At the close of the 1 suarastes no-

zession, however, prices-again be fords suffered a decline and were here last evening at 54.8 per cent morning's business, however, all SQUEAKS 11 Du offer at $6. Constructions while Hong Kong dolars notes in

¦issues except one were up between my, khose are” made. (old) were done at 15 and the new exchange for Kwangtung aller 10 and 75 of a point. Eighteenth by new proces Chemical Diamonds. shares were wanted at $1.60. were at a premium of $425 for each Year Customs was the lone Issue Gentlemen's Shoes

These diamonds are Dairy Farms remained steady and $1,000, equal to real, diamonds were transacted at $28.10/25.00 all respecta Sinceres were in demand at $165 Spatially in hellliang Forward, Settlement-Days June of lustre, hardne 28. July 26, and August 80. Can cut glass

LATEST INVENTION

in

diamonds. Proof

** CARROLL BROS,

down, as it was not, traded in the from $6.00 paiz.c second sessione fe

Mr. A. G. H; Dennt, F.S.S., chair-The afternoon sessions were man, Business Research and Man- quiet with small fluctuations and agement Association I recommend a tendency downward July deals that trade associations should set up were entirely inactive,

- central economic, statistical bureaus The earlier period prices were The market this week has shown to provide vital information confirm, but most of the list was easi steady decline, speculative stocks cerning their entire Industry. The or in the last. With two excep- especially, but this morning there secrecy complex is damaging the tlone all lasues closed the day on has been a sudden improvement in real interests of the producer, which levels higher than those of Thure-

over is intelligent co-operation.

day Twentieth Year Customs headed the list with a zise of 85 others ware up hift 18th Соп

acid, water, ell, etc." Thesa can be washed with soap and water and can be used for more than 100

Price JERES.

Per carat H.K.$7.50. Term Cash or 10.0. D. Those who purchase diamonds"; to: the value of EL.X.130 or more will get 20% dia count. Bend your orders direct to the some of the locks. Th American Chemical Diamond Co has been small owing P.O. Box No. 240, Penang. When ordering, mention “GI

'city, of buyark^£ll, this

when a good business

Banks Hong Kong & Banks have been quiet with few quiries Sharea are $1,470,Toll

OPEL

business is

istas warn done.

to be no more bays

morning

TO MORROW. AT

THE KING'S

Children's Bhoes from 13.00 pair. FACTORY DIRECT TO YOU Soleing order executed in 24 hours Bolding specialty

WONG SIU WOON"

31, Pottinger St. BigTel. 31476.

AN INTRODUCTORY HISTORY

A. H. CROOK ORE HAM W. KAY; MA

W. L-HANDYSIDE MA, B.Sc.